ASC (PSX)

ASC PSX

Al Shaheer Corporation

SELL

20.70

Prev.Close

21.68

Change

-0.9800

Change%

-4.52%

BEARISH THREE GAP UPS

Sold at

21.03

Open

23.50

High

23.65

Low

19.52

20.70

Gain%

-1.57%

Signal History

Date	Price	Signal	Change%		PKR100⇨
27/08	21.03	SELL	-1.6%		324
07/08	7.63	BUY	+175.6%	✔ 👍	118
11/07	7.95	SELL	-4.0%	✔	119
30/06	7.57	BUY	+5.0%	✔	114
16/05	8.12	SELL	-6.8%	✔	115
13/05	6.19	BUY	+31.2%	✔ 👍	88
09/04	7.44	SELL	-16.8%	✔	89
03/04	7.58	BUY	-1.8%	❌	91
20/03	7.50	SELL	+1.1%	❌	92
13/03	8.05	BUY	-6.8%	❌	99

† Trade commissions are taken as 0.70%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH THREE GAP UPS pattern has finally received confirmation because the prices crossed below the confirmation level at 21.19, and our valid average selling price now stands at 21.03. The previous BUY signal was issued on 07/08/2025, 20 days ago, when the stock price was 7.6300. Since then, ASC has risen by +175.62%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		PKR100⇨
27/08	21.03	SELL	-1.6%		469
07/08	7.63	BUY	+175.6%	✔ 👍	171
11/07	7.95	SELL	-4.0%	✔	172
30/06	7.57	BUY	+5.0%	✔	165
16/05	8.12	SELL	-6.8%	✔	167
13/05	6.19	BUY	+31.2%	✔ 👍	128
09/04	7.44	SELL	-16.8%	✔	129
03/04	7.58	BUY	-1.8%	❌	132
20/03	7.50	SELL	+1.1%	❌	133
13/03	8.05	BUY	-6.8%	❌	144
10/03	7.72	SELL	+4.3%	❌	145
24/02	5.94	BUY	+30.0%	✔ 👍	112
16/01	7.08	SHORT	-16.1%	✔	98
02/01	7.62	BUY	-7.1%	❌	107
26/12	7.25	SHORT	+5.1%	❌	114
23/12	7.37	BUY	-1.6%	❌	118
18/12	7.91	SELL	-6.8%	✔	119
12/12	8.70	BUY	-9.1%	❌	131
09/12	7.91	SELL	+10.0%	❌	132
26/11	6.01	BUY	+31.6%	✔ 👍	101
22/11	5.49	SELL	+9.5%	❌	102
18/11	5.32	BUY	+3.2%	✔	100
30/10	5.98	SELL	-11.0%	✔	100
23/10	6.01	BUY	-0.5%	❌	101
02/10	6.18	SHORT	-2.8%	✔	100
26/09	6.33	BUY	-2.4%	❌	104
19/09	6.45	SHORT	-1.9%	✔	104
04/09	6.75	BUY	-4.4%	❌	110
29/08	6.73	SHORT	+0.3%	❌	112
23/08	6.84	BUY	-1.6%	❌	115
05/07	8.11	SHORT	-15.7%	✔	101
03/07	8.24	BUY	-1.6%	❌	104
04/06	9.17	SELL	-10.1%	✔	105
31/05	8.97	BUY	+2.2%	✔	103
29/05	8.71	SHORT	+3.0%	❌	108
24/04	9.16	BUY	-4.9%	❌	115
28/03	9.33	SELL	-1.8%	✔	116
26/03	9.67	BUY	-3.5%	❌	121
13/03	9.29	SELL	+4.1%	❌	122
11/03	9.80	BUY	-5.2%	❌	129